As markets become more dynamic and competitive, companies must reconsider how they view inventory and make changes to their production and inventory systems. They must begin to think outside the classical box and develop a new paradigm of inventory management. Exploring the trend away from classical models based on economic order quantities to dependent demand systems, Inventory Management: Non-Classical Views comes as a just-in-time resource. Explore the new role of inventories in business enterprises This book discusses a new paradigm for inventory management that is responsive to dynamic changes in the economy. It explores: Inventory systems that provide flexibility Inventory performance measures other than using cost as a means to control inventory Inventory as a contributor to customer value creation, rather than a liability The book also examines why energy and the environment are to be considered in inventory decisions, the non-classical application of inventory management in fields such as healthcare and disaster relief, and non-classical approaches to measuring the performance of inventory such as information theory, fuzzy sets, and thermodynamics. While many factors may change, one certainty is that the global economy is becoming increasingly dynamic. Planting the seeds for new research in inventory control and management, this book outlines the evolving role of inventories in business enterprises. It explores how to create inventory management as a tool for continued success regardless of market fluctuations and economic variances.
Product Identifiers
Publisher
Taylor & Francis Inc
ISBN-13
9781420079975
eBay Product ID (ePID)
96792062
Product Key Features
Author
Mohamad Y. Jaber
Publication Name
Inventory Management: Non-Classical Views
Format
Hardcover
Language
English
Subject
Management
Publication Year
2009
Type
Textbook
Number of Pages
242 Pages
Dimensions
Item Height
234mm
Item Width
156mm
Item Weight
499g
Additional Product Features
Country/Region of Manufacture
United States
Editor
Mohamad Y. Jaber
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